$NEWT USDT – SHORT TRADE SIGNAL🔴

📌 CONSISTENT LOWER HIGHS WITH BEARISH STRUCTURE

📌 FAILED BOUNCE REJECTION NEAR $0.3988

NEWT continues its downward momentum after multiple failed attempts to reclaim the $0.4080–$0.4198 resistance zone. The recent rejection near $0.3988 confirms bearish continuation. Price is currently trading around $0.3876 with breakdown potential targeting the $0.3600 support.

🎯 Trade Setup:

• Entry Point: $0.3870 – $0.3920

• Stop Loss: $0.3988

• Take Profit:

• TP1: $0.3828

• TP2: $0.3600

• Margin: 2–3% of wallet

• Leverage: 10x

📊 Market Outlook:

Momentum favors sellers as the downtrend remains intact. Until a breakout above $0.4080, rallies are likely to be sold into, with $0.3600 as the next downside target.

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